Basis: Trailing twelve months (TTM), to the latest fiscal quarter end. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the return on invested capital (ROIC) high or low?
The return on invested capital (ROIC) of 23.61% is 449% above its 5-year average of -6.76%, near the high end of its 5-year range (-35.43%–23.61%).
As of the fiscal period ended Tuesday, June 30, 2026. 61.52% above its 12-month average of 14.62%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
23.61%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
14.62%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-6.03%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-6.76%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+61.52%
CURRENT VS 3Y AVG
+491.68%
CURRENT VS 5Y AVG
+449.31%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · COMMUNICATION SERVICES
6.70%
median of 31 covered companies
CURRENT VS SECTOR MEDIAN
+252.39%
vs the sector median at left
Reddit, Inc.
Market Cap
$28.76B
Return on Invested Capital (ROIC)
23.61%
TTM Avg
14.62%
3Y Avg
-6.03%
5Y Avg
-6.76%
Market Cap
$28.60B
Return on Invested Capital (ROIC)
12.80%
TTM Avg
12.36%
3Y Avg
11.09%
5Y Avg
10.65%
Market Cap
$25.07B
Return on Invested Capital (ROIC)
2.83%
TTM Avg
-0.39%
3Y Avg
0.46%
5Y Avg
8.28%
Market Cap
$23.04B
Return on Invested Capital (ROIC)
7.56%
TTM Avg
-3.63%
3Y Avg
-12.34%
5Y Avg
-7.26%
Market Cap
$22.26B
Return on Invested Capital (ROIC)
7.04%
TTM Avg
9.14%
3Y Avg
10.96%
5Y Avg
11.24%
Market Cap
$19.64B
Return on Invested Capital (ROIC)
6.83%
TTM Avg
7.32%
3Y Avg
7.21%
5Y Avg
6.83%
Market Cap
$39.67B
Return on Invested Capital (ROIC)
3.73%
TTM Avg
7.85%
3Y Avg
7.53%
5Y Avg
0.14%
Market Cap
$16.74B
Return on Invested Capital (ROIC)
5.72%
TTM Avg
5.46%
3Y Avg
4.42%
5Y Avg
4.67%
Market Cap
$14.64B
Return on Invested Capital (ROIC)
6.70%
TTM Avg
4.86%
3Y Avg
7.34%
5Y Avg
8.06%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Reddit, Inc. (RDDT) | $28.76B | 23.61% | 14.62% | -6.03% | -6.76% |
| Fox Corporation (FOXA)vs › | $28.60B | 12.80% | 12.36% | 11.09% | 10.65% |
| EchoStar Corporation (SATS)vs › | $25.07B | 2.83% | -0.39% | 0.46% | 8.28% |
| Roku, Inc. (ROKU)vs › | $23.04B | 7.56% | -3.63% | -12.34% | -7.26% |
| Omnicom Group Inc. (OMC)vs › | $22.26B | 7.04% | 9.14% | 10.96% | 11.24% |
| Charter Communications, Inc. (CHTR)vs › | $19.64B | 6.83% | 7.32% | 7.21% | 6.83% |
| Live Nation Entertainment, Inc. (LYV)vs › | $39.67B | 3.73% | 7.85% | 7.53% | 0.14% |
| News Corporation (NWSA)vs › | $16.74B | 5.72% | 5.46% | 4.42% | 4.67% |
| TKO Group Holdings, Inc. (TKO)vs › | $14.64B | 6.70% | 4.86% | 7.34% | 8.06% |
| Pinterest, Inc. (PINS)vs › | $12.81B | 5.38% | 4.75% | 0.70% | 1.11% |
ROIC
23.6%
ROE
26.5%
ROIC = NOPAT / Invested Capital, where NOPAT = Operating Income × (1 − effective tax rate) and Invested Capital = Total Assets − (Current Liabilities − Short-Term Debt)
Return on invested capital measures the after-tax operating return a company earns on the capital invested in the business. TGMCharts computes it from reported statements: trailing-twelve-month operating income after tax, over invested capital at the latest balance sheet — total assets less the non-interest-bearing current liabilities (payables, accruals, deferred revenue) that fund them; short-term debt stays in the capital base. The tax rate is the period's own effective rate (income tax ÷ pretax income), capped at 45%; when pretax income is zero or negative, or the tax line is a net benefit, no tax is deducted — the operating figure is shown untaxed rather than adjusted by an assumed rate. Not shown for banks, insurers or funds.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2026-06-30 | 23.61% |
| 2026-03-31 | 19.23% |
| 2025-12-31 | 14.89% |
| 2025-09-30 | 9.93% |
| 2025-06-30 | 5.42% |
| 2025-03-31 | 1.45% |
| 2024-12-31 | -25.95% |
| 2024-09-30 | -30.53% |
| 2024-06-30 | -33.22% |
| 2024-03-31 | -35.43% |
| 2023-12-31 | -9.58% |
| 2023-09-30 | -12.16% |
| 2022-12-31 | -11.53% |
| 2022-09-30 | -9.02% |
| 2022-06-30 | -6.04% |
| 2022-03-31 | -6.82% |
| 2021-12-31 | -8.08% |
| 2021-09-30 | -7.84% |
